Newmark Arranges $369 Million Fannie Mae Credit Facility for April Housing Florida Portfolio

Newmark Arranges $369 Million Fannie Mae Credit Facility for April Housing Florida Portfolio

NEW YORK, Oct. 19, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations and other owners and occupiers, announced the Company has arranged a $369 million Fannie Mae credit facility on behalf of April Housing, supporting the long-term preservation of an 11-property affordable housing portfolio located throughout Florida.

The financing consisted of a $221.4 million fixed-rate draw and a $147.6 million floating-rate draw, structured as an interest-only facility through Fannie Mae. Newmark Vice Chairman and Head of Affordable Housing Debt & Structured Finance Evan Williams arranged the financing on behalf of April Housing, with Senior Managing Director Ian McIntire, Director Seante Vang and Analyst Nicole Phillips also supporting the assignment.

"The successful execution of this financing reflects the strength of our relationship with April Housing and Fannie Mae, as well as our team's ability to navigate complex affordable housing transactions under demanding timelines," said Williams. "Through a highly coordinated effort, we delivered a customized structure that supported proceeds, addressed extensive regulatory requirements and helped position these communities for long-term affordability."

The transaction presented several complexities, including the review and analysis of 24 separate regulatory agreements across 11 properties, while requiring a swift turnaround from application to closing. Additionally, a buydown on the fixed-rate portion of the facility helped maximize proceeds and support the overall financing strategy. Affordable Housing Debt & Structured Finance and Capital Markets are part of Newmark's Investor Solutions services.

"By financing with a best-in-class credit facility from the Fannie Mae and Newmark teams, April Housing is able to ensure long-term affordability at these communities," said Naveen Agrawal, Senior Vice President of Capital Markets, April Housing. "We are grateful for our continued collaboration and support from both Fannie Mae and Newmark."

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. Built with purpose and driven by excellence, Newmark's comprehensive platform is uniquely tailored to provide superior outcomes to clients. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of June 30, 2026, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents. Learn more at nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

About April Housing
April Housing is one of the largest owners and preservers of affordable housing in the U.S. Since 2024, the company has successfully completed the preservation of more than 3,650 affordable homes across the country, including more than 700 in Florida in the last year.

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SOURCE Newmark Group, Inc.